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Property profile & analytics
OFF-MARKET
Estimated value
$4,440,000
Hotels
3045 Olentangy Riv Rd Columbus, OH 43202-1516
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US66-0128845
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2009
Total area
67,934 SF
Lot
1.47 ac (63,946 SF)
APN
010-215158
UPID
US66-0128845
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Suna Pher Kive Department Store
-
Karen L. Reed, CNP Physician
-
Susan Harding, CNM Midwife
-
The Sintel Hotel Group Hotel & Motel
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.44M
Owner & transaction history
Jap Guru LLC · 18 yrs held
Jap Guru LLC
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,810,000
6.5%
$5,360,000
7%
$4,980,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$7,340,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$7,290,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$4.44M
Range $4.00M – $4.88M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$65 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$228,788
Tax year 2023
Assessed value
$3,132,020
Assessed 2023
Previous assessed
$2,782,520
+12.6% YoY
Effective rate
7.30%
On assessed value
Assessed land
$248,820
Assessed improvement
$2,883,200
Land market value
$710,900
Improvement market value
$8,237,700
Total market value
$8,948,600
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2009
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
5
Total area
67,934 SF
Lot
1.47 ac (63,946 SF)
APN
010-215158
UPID
US66-0128845
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.3M
RETAIL STORES
Est. value
$7.3M
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
YES
Cooling
Yes
Stories
5
Buildings
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
Jap Guru LLC
Entity
Mailing address
3045 OLENTANGY RIV RD, COLUMBUS, OH 43202-1516
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2020
—
Jai Guru LLC
—
Deed
related
$23,000,000 · Bank Of America
Oct 15, 2007
$875,000
Jap Guru LLC
Prospect Wango II LLC
Warranty Deed
—
May 17, 2004
—
Prospect Wango II LLC
Prospect Wango LLC
Quit Claim Deed
related
—
May 3, 2000
$7,300,000
Prospect Wango LLC
University City (oh)
Grant Deed
$5,840,000 · National City Bank
—
—
Jap Guru LLC
—
Deed Of Trust
related
$500,000 · Peoples Bank & Trust
—
—
Jai Guru LLC
—
Deed Of Trust
related
$23,000,000 · Bank Of America
—
—
Jap Guru LLC
—
Deed Of Trust
related
$10,000,000 · Fahey Bkng
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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